Room 1
Level not provided
66 Wellington St
Corktown, Hamilton, Ontario L8N 2R1
Description
Exceptional opportunity to acquire a fully tenanted 8+1 multiplex in Hamilton's desirable Corktown neighbourhood, generating approximately $151,000 in annual gross rental income.This substantial three-storey income property has undergone extensive renovations and offers updated units with modern finishes, providing investors with a low-maintenance and income-producing addition to their portfolio. Tenant amenities include private balconies and patios, on-site laundry, separate unit entrances and a finished basement.Situated on a deep 36.6 134.5 ft lot in a high-demand central location, the property is just minutes from downtown Hamilton, the Hamilton GO Centre, major transit routes, shopping, restaurants and everyday amenities.With strong existing rental income, full occupancy, recent capital improvements and excellent long-term potential, this is an outstanding opportunity for both experienced and first-time multifamily investors.Financial information and supporting documents are available to qualified buyers. A minimum of 24 hours' notice is required for all showings.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X14174446
- Board
- TRREB MLS®
- Days on market
- Tax
- $7,000
- Size
- 3500-5000 sqft
- Lot
- 36.58 × 134.5 Feet
- Parking
- None, 0 Parking
Listing History
Buy/Sell history for 66 Wellington St, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,489,000 | N/A | For Sale | X14174446 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- Corktown
- Municipality
- Hamilton
Inside
- Bedrooms
- 7+2
- Bathrooms
- 9
- Bathroom Detail
- 2, 4pc, Bsmt
- Bathroom Detail
- 4, 4pc, Main
- Bathroom Detail
- 2, 4pc, 2nd
- Bathroom Detail
- 1, 4pc, 3rd
- Basement Type
- Finished
- Kitchens
- 7
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Baseboard
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Parking
- Driveway
- Other
- Garage Type
- None
- Add. Parking
- 0
- Total Parking
- 0
Land
- Sewer
- Sewers
- Lot Size
- 36.58 × 134.5 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$6,826
- Down payment$297,800
- Mortgage amount$1,191,200
- Total interest$856,600
- Total cost$2,345,600
Cash flow analysis
$6,826
Total monthly payment
$7,409
Break-even down payment
100%
Cash flow-$7,409
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,489,000
$1,489,000
CAD
Estimated market value
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